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(ENERGYDEV) Energy Development complete technical analysis [charts+indicators] | Buy/Sell Energy Development | (ENERGYDEV) share price targets

Complete technical analysis of Energy Development (ENERGYDEV) by charts plus indicators, forecast predictions and share price targets for Energy Development (ENERGYDEV)

Energy Development trades in NSE in Electric Utilities sector.

Showing technical analysis as on 2024-06-27 View latest technical analysis

10 day averaged volume of Energy Development is 112117

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	22.86	22.99	23.19	22.57	0.627 times
26 Wed Jun 2024	22.67	23.00	23.45	22.51	0.75 times
25 Tue Jun 2024	22.97	23.44	23.44	22.90	0.695 times
24 Mon Jun 2024	23.04	23.29	23.29	22.71	1.234 times
21 Fri Jun 2024	22.87	22.60	23.00	22.32	0.808 times
20 Thu Jun 2024	22.78	22.54	23.55	22.40	1.039 times
19 Wed Jun 2024	22.56	22.62	22.91	22.21	1.049 times
18 Tue Jun 2024	22.62	22.85	22.94	22.51	0.727 times
14 Fri Jun 2024	22.76	23.35	23.35	22.50	0.957 times
13 Thu Jun 2024	22.95	23.50	23.74	22.80	1.045 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 23 as stoploss in an intra day sell trade for a target of 22.39. However, stock will show a bullish move above 23.

Share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Target	18.80
Downside Target	20.30
Downside Target	21.20
Downside Target	21.65
Upside Target	23.45
Upside Target	23.55
Upside Target	23.74
Upside Target	23.75
Upside Target	25.45
Upside Target	30.00
Upside Target	36.80

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Intraday Target	22.43
Downside Intraday Target	22
Upside Intraday Target	23.37
Upside Intraday Target	23.88
Upside Intraday Target	22.94

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	22.86	23.29	23.45	22.51	0.912 times
21 Fri Jun 2024	22.87	22.85	23.55	22.21	0.675 times
14 Fri Jun 2024	22.76	22.90	23.74	22.00	0.962 times
07 Fri Jun 2024	22.60	21.95	22.70	20.30	1.407 times
31 Fri May 2024	21.30	23.40	23.75	21.20	1.195 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Energy Development (ENERGYDEV)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	22.86	21.95	23.74	20.30	1.123 times
31 Fri May 2024	21.30	25.45	25.45	21.20	0.312 times
30 Tue Apr 2024	25.05	22.45	30.00	21.65	8.071 times
28 Thu Mar 2024	22.00	20.35	22.80	20.35	0.04 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Energy Development (ENERGYDEV)

Price action analysis of Energy Development ( (ENERGYDEV) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Energy Development ( (ENERGYDEV) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Energy Development ( (ENERGYDEV) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Energy Development stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Energy Development in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Energy Development Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Energy Development in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Energy Development is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.81 and Energy Development (ENERGYDEV) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Energy Development (ENERGYDEV) stock. Volume based technical analysis of Energy Development (ENERGYDEV) stock is negative.

Energy Development Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.